Posted by ahbah > 2019-10-22 18:16 | Report Abuse

No need to foresee lah. A cashless commercial world oredi got started.

U still no got see meh ?

Now oredi got many QR payments.

Posted by 817065 > 2019-10-22 20:45 | Report Abuse

Bonus issue won't increase company profits.

Posted by Matt2020 > 2019-10-22 22:47 | Report Abuse

Everything is just started..the world is changing..

Posted by Aries > 2019-10-22 22:49 | Report Abuse

At least the company rewards the shareholders the bonus issues.

Posted by ahbah > 2019-10-22 22:55 | Report Abuse

I no consider bonus issue a reward.

It is just like 1 piece of 1Rm note = 2 pieces of 50 sen coin

Posted by Aries > 2019-10-22 23:00 | Report Abuse

You go and hold a growing company for few years and see is it a reward or not?

Posted by King Musang > 2019-10-22 23:14 | Report Abuse

The issue will enable shareholders to have greater participation in the group’s equity, while maintaining the percentage of equity interest, it said.

The exercise will also enhance the marketability and trading liquidity of Revenue shares on the stock exchange, it added.

The price will reduce to 1.13 post bonus, base on the today closing of 1.70/share.

Posted by michaelwong > 2019-10-22 23:21 | Report Abuse

Almost five times the IPO price currently . Bonus issue is just a matter of share spllts divided by the number of shares provided in ur holdings after the ex-date nothing new . More liquidity interm of lower share price to allow and attracts bigger buyer's participation .

Posted by Aries > 2019-10-22 23:44 | Report Abuse

If you are a long term shareholder of QL, Pbbank, Penta , Vitrox, Inari which have rewarded their shareholder with bonus shares, you won't say that bonus issues is nothing.

Posted by Aries > 2019-10-22 23:51 | Report Abuse

The best was Carlsbrg , it issued 1 for 1 bonus years back at 6+. The most important thing is the company earning must grow.

Posted by Samtuckfatt > 2019-10-23 00:09 | Report Abuse

Post 2 for 3 bonus, price will be :
Before bonus 3 lot X 1.71 =5.13,
after bonus =5 lot, 5.13/5 =1.026..
Or simply. 1.71/5 x 3.

Posted by 817065 > 2019-10-23 07:31 | Report Abuse

It will have s short term psychological effect on the price.

Posted by pang72 > 2019-10-23 10:21 | Report Abuse

Surprise bonus issue.
This is a very good stock to keep.

Posted by akupolitikkk > 2019-10-23 10:57 | Report Abuse

Already high price now. Even profit double also PE 30

Posted by akupolitikkk > 2019-10-23 10:57 | Report Abuse

Time to wait for correction

Posted by yangxi > 2019-10-23 11:08 | Report Abuse

if reach RM2. sell or keep?

Posted by pang72 > 2019-10-23 11:12 | Report Abuse

Cashless is the future!

Posted by pang72 > 2019-10-23 11:12 | Report Abuse

E-commerce is the future!

Posted by PH777 > 2019-10-23 11:21 | Report Abuse

GHL still haven't wake up!

Posted by Celestialb > 2019-10-23 12:00 | Report Abuse

Quick Q: Why directors keep selling their shares? Isnt' they know the bonus issue is coming? Strange right

Posted by Wing23 > 2019-10-23 12:27 | Report Abuse

haha why cant director sell their shares? Since they have so many fking tickets sell abit won't affect the market, u want them hold 99 years ke? wakaka

Posted by money_lai > 2019-10-23 13:34 | Report Abuse

sell for other fund manager to collect, and this stock no dividen, how director wan get money/bonus for their hardwork?so dispose abit is ok, as long as this company going bright in future, once thy sell, those fund manager will buy.

Posted by jt18 > 2019-10-23 15:59 | Report Abuse

Revenue WA is something attractive now...

Posted by FOCapital > 2019-10-23 16:45 | Report Abuse

Bonus coming....

Posted by Coolbird > 2019-10-23 17:16 | Report Abuse

Rocket launch? Lalaseng Sapu la.
Promotion more than buy 1 free 1.

Posted by Coolbird > 2019-10-23 17:19 | Report Abuse

176...very painful..need to buy high sell haolen high.

Posted by akupolitikkk > 2019-10-23 17:52 | Report Abuse

If result komkam then pokai lo....if dun have eps 2, kom kam down

Posted by akupolitikkk > 2019-10-23 17:58 | Report Abuse

https://www.thestar.com.my/news/nation/2019/10/23/govt-must-end-tng-e-payment-monopoly-says-wee?

Posted by aaabbbccc > 2019-10-23 18:15 | Report Abuse

so many seller suddenly come out

Posted by Lk036 > 2019-10-23 20:48 | Report Abuse

Mother have bonus issue. How about its warrant?

Posted by bc8660 > 2019-10-23 21:06 | Report Abuse

Over promoted stock, the current valuation already sky high and I don't see good signs of profit growth, the bonus issue will further dilute the EPS but current PE already reach 47x. How long can this price be sustained?

Posted by Invest_168 > 2019-10-23 22:53 | Report Abuse

@LK036, warrant will have similar quantum of bonus issue as mother share. Warrant exercise price will be adjusted accordingly.

Posted by Invest_168 > 2019-10-23 23:03 | Report Abuse

Why Revenue issued free warrant at beginning of year 2019 (Jan) and now at the end of the year, the management proposed another bonus issue? The answer is very simple, they want to boost up Revenue's share price and management foresee that the company earning will be boost up as well as we are in the midst of cashless nation soon!

Posted by Samtuckfatt > 2019-10-24 00:10 | Report Abuse

Warrant hv bonus also.
Before bonus issue conversion price 1. 25, after adjustment conversion price 1.25/5 x 3 =75 cent.
Before bonus, 3 warrant conversion payment =3W x 1. 25 = 3.75.. After bonus 5Wx.75 =3.75.

Posted by newbietrader > 2019-10-24 08:21 | Report Abuse

NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
REVENUE GROUP BERHAD (REVENUE OR COMPANY)PROPOSED BONUS ISSUE OF UP TO
230,043,080 NEW ORDINARY SHARES IN REVENUE (BONUS SHARES) ON THE BASIS OF 2
BONUS SHARES FOR EVERY 3 EXISTING ORDINARY SHARES IN REVENUE HELD AT AN
ENTITLEMENT DATE TO BE DETERMINED LATER (PROPOSED BONUS ISSUE)
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

warrant no bonus

Posted by trap666 > 2019-10-24 09:11 | Report Abuse

company direction will buy back once the price drop....now too highhh

Posted by trap666 > 2019-10-24 09:12 | Report Abuse

bonus issue

Posted by Invest_168 > 2019-10-24 09:29 | Report Abuse

Read the bonus issue's annoucement report carefully:
(ii) additional Warrants to be issued pursuant to the Adjustments (if any)
Also, please refer to previous inari bonus issue on mother share, warrant holder will has similar bonus as mother share. This is basic knowledge.

Posted by akupolitikkk > 2019-10-24 09:37 | Report Abuse

Pity those warrant holder

Posted by ahbah > 2019-10-24 10:08 | Report Abuse

Buy red, sell green ... the only way to make money ?

Posted by Invest_168 > 2019-10-24 10:20 | Report Abuse

yes...buy red sell green...not buy green sell red

Posted by ahbah > 2019-10-24 10:25 | Report Abuse

e-wallet world in our country just just only got started by Ah Eng during his budget 2020 . So this e-wallet counter still got long long way to go up mah.

Posted by Invest_168 > 2019-10-24 10:44 | Report Abuse

yes...agree with u.....have good future sight! later got 11.11 online sales somemore...

Posted by Wing23 > 2019-10-24 10:45 | Report Abuse

Ewallet era budget 2020, strong partnership with Lazada,Tianmao,Taobao, Malaysia E banking, singapore nets and etc, we can see really high potential to grow in the future long term for revenue

Posted by Invest_168 > 2019-10-24 11:29 | Report Abuse

recently Revenue join with touch & go & boost ewallet as well

Posted by ironcrowz > 2019-10-24 12:07 | Report Abuse

Bonus issue is a waste of money. Don't know why they listened to the brokers blindly, paying them millions of fees to do something useless.

Rationale 1:
"serves to reward the existing shareholders of REVENUE for their support by enabling
them to have greater participation in the equity of the Company in terms of the number
of REVENUE Shares held, while maintaining their percentage of equity interest; and"

Bonus issue = share split, u holds more shares after the split, but the overall share base also increased proportionally, percentage-wise ur shareholding remains unchanged. 1 share over 100 share gives u 1% shareholding, after bonus issue say 1 : 1, u now holds 2 shares over 200 shares, still 1% shareholding, where is the "reward"?

Rationale 2:
"enhance the marketability and trading liquidity of the REVENUE Shares on Bursa
Securities."

Unless ur share price is so high that u think investors can't afford RM3,000 for 1 lot, what is the issue of liquidity now if ur 1 lot only costs RM170?

Posted by Lk036 > 2019-10-24 14:20 | Report Abuse

So the bonus issue also apply for its warrants?

Posted by Invest_168 > 2019-10-24 14:29 | Report Abuse

Bonus issue is to reward shareholder....this is true. Once the share price become lower after bonus adjustment, people will likely to buy in as the price become more affordable. Then the share price will be boost up again if and only if the company can post increase earning to ease the dilute effect of bonus shares. Look at Inari, Harta, Penta etc...did they issue bonus issue for fun and try to torture thier shareholder, definately no, right? This kind of growth company need to increase thier share base in order to increase their market cap! This is a very good move by the Revenue's management! I believe they know thier business will going to boom with current cashless environment which promoted by government.

Posted by Invest_168 > 2019-10-24 14:36 | Report Abuse

If warrant do not get similar treat as mother shares, investors will throw immediately the warrant once the company announced bonus issue. Go to call your remisier to comfirm this kind of basic.

Posted by Lk036 > 2019-10-24 14:52 | Report Abuse

Yeah, by logic and fair warrant entitlement similar to its mother. Today price although are down show the evidence. Looking forward revenue future growth going to positive. High chances become strong country.